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Bullboard - Stock Discussion Forum Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

Energy Oil & Gas E&P
NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > 80 oil?
View:
Post by Carjack on Jul 05, 2021 12:40pm

80 oil?

Lack of agreement with the UAE is going to drive prices up. There is no new meeting scheduled.
Comment by Carjack on Jul 06, 2021 12:49pm
Talks are continuing behind the scenes  and some expect a resolution in 2 to 3 weeks. Meanwhile I would guess support at $70 oil price. Time will tell how this plays out. If neither side blinks then it will be to their own destruction. I'm sure the kingdom can't afford the financial loss or the UAE. The thesis that shale will come online and over supply the market to $60 dollar oil I ...more  
Nuvista Energy Ltd
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